the change in the revenue that arises when one additional unit of a product is sold. The marginal revenue is calculated by dividing the change in the… | Cheap Nursing Papers
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the change in the revenue that arises when one additional unit of a product is sold. The marginal revenue is calculated by dividing the change in the…

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the change in the revenue that arises when one additional unit of a product is sold. The marginal revenue is calculated by dividing the change in the total revenue by the change in the quantity. In calculus terms, the marginal revenue is the first derivative of the total revenue function with respect

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